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Goldmoney Inc T.XAU

Alternate Symbol(s):  XAUMF

Goldmoney Inc. is Canada-based company with focus on the real economy. The Company, through its ownership of various operating subsidiaries, is engaged in precious metal sales to its clients, including arranging of precious metals trading to its clients, including arranging for custody and storage of precious metals for its clients. The Company’s segments include Goldmoney.com, SchiffGold, and Goldmoney Properties. Its Goldmoney.com is an online platform that provides clients with access to their Holding to purchase and sell physical precious metals and arrange for their custody and storage. Its Schiff Gold LLC is a United States-based dealer in precious metals that offers to its clients the purchase and sale of physical precious metals in the form of bars, coins, and wafers with direct-to-client delivery. Its Goldmoney Properties Limited is a United Kingdom-based company that acquires institutional grade property assets with inflation-protected cash flows.


TSX:XAU - Post by User

Bullboard Posts
Post by cavedweller54on May 30, 2015 5:05pm
205 Views
Post# 23781311

Developing a market in currency gold.

Developing a market in currency gold.CNBC has gold at $1,189.80 us. right now so I'll go with that. A person would buy their commodity gold at this price and have it converted into currency gold at the going rate.(determined by supply&demand). The difference would be put into a fund in the persons name. As the fund build up you start to think of what to do with this capital. Now this is where the idealist part starts to come in. You go global into emerging markets and you offer loans to enterprising people who have invested in currency gold. Now you have gold as collateral and you bypass the conglomerates which are paying what .50c an hr. Now maybe some people can make hopefully .60c an hr. which is at least a step in the right direction. I hate shopping at wallmart but I have because of the prices but that doesn't make it right. I would think they should be able to get a better than the going interest rate being backed by something real and most importantly measurable. How do you measure gdp especially when your gnd is extremely high. mtc
Bullboard Posts